Business & Economy · 1 views
‘Uncharted territory’: The $40 trillion U.S. national debt just got uglier as interest payments rise to $1.25 trillion a year
Last time the net interest payments were this high was 35 years ago. Analysts warn the U.S. is worse off now than it was then.
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Summary
The federal interest burden has reached a new height, exceeding even the 1991 record, but analysts warn the risks associated with servicing the ever-growing national debt today are much higher than they were 35 years ago, analysts warn.
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